Exeter Road, Cullompton

South West

£149,950

Listed on 01/04/2026

Property Details

Bedrooms

Type

Semi Detached

Area

882 sqft

Description

This period town cottage presents a unique opportunity for renovation enthusiasts or investors looking to capitalize on its spacious layout. With three bedrooms and the added benefit of a dedicated parking space and garden area, this property is ideally situated near supermarkets and public transport links to Exeter. While it currently offers comfortable accommodation, there is significant potential to enhance and modernize the space according to your vision. The absence of an onward chain simplifies the purchasing process, allowing for quicker renovations and occupancy.

Investment Analysis

(EX15 area)

Below Market Value

This property is priced -44.7% below area average per sq ft

-44.7%

Potential saving

This Property

£170/sq ft

Area Average

£307/sq ft

Avg Rent (weekly)

£245

Avg Yield

3.8%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £40,000

Target Value

£298,142

10% above area average per sq ft

Potential ROI

+57.0%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (EX15)

Area prices are falling by -5.4% over the last 12 months

3 year growth: -6.0%

5 year growth: +1.6%

Investment Disclaimer: Analysis based on EX15 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Exeter Road, Cullompton

Loading map...

Open Map

Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£531

Based on a loan of £112,462 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.